Business

BusinessTags: Print Edition A study by USAID and Ceylon Chamber of Commerce on SMEs’ technology adoption capacity found that the ICT sector was having the highest digital maturity at 79%, followed by tea at 64% and rubber and rubber-based…

BusinessClaude GunasekeraTags: Print EditionThe Pacific Asia Travel Association (PATA) Germany chapter has decided to re-launch their promotions from Sri Lanka and a delegation from Berlin, representing PATA Germany Chapter arrived to here…

BusinessTags: Print EditionInsurance companies muster over Rs 39 Bn PBT by end 3Q-2022 Despite current economic constraints the Sri Lanka insurance companies showed praise worthy profits for the third quarter of 2022 according to the…

BusinessTags: Print EditionWith the global economy facing multiple headwinds this year, there is an urgent need for more private investment in the Asia and the Pacific region to create jobs and boost output, s newly appointed International…

BusinessIMF’s Chief Economist, GourinchasTags: Print EditionThe IMF announced on Monday, that global growth is expected to slow from 3.4% in 2022 to 2.9% in 2023 in a press briefing held in Singapore to mark the launch of the January update…

BusinessTags: Print EditionThe Central Bank (CBSL) says that looking ahead, based on the latest macroeconomic projections of the CBSL, the declining trend of inflation is expected to continue through 2023. “This is supported by subdued…

BusinessClaude GunasekeraTags: Print Edition  The planters Association of Ceylon said that overheads of production of tea have increased and authorities must look at finding solutions for this. Chairman of the Planters’ Association of…

BusinessInvitees at the ground breaking ceremonyTags: Print EditionThe latest BOI-approved expansion project worth USD 12.5 million of Diamond Cutters Ltd, Sri Lanka’s highest export earner in the Gem and Jewelry segment and a subsidiary of…

Surpasses USD 13 Bn in 2022 BusinessTags: Print Editionarnings from exports in 2022 surpassed USD13 billion per year for the first time, recording an increase of 4.9% from the previous highest recorded in 2021 according to the Central…

BusinessTags: Print EditionTo mark the 1 st anniversary of the Kelani Saviya Alumni Association, a CSR project was organized to upgrade the electrical wiring system with replacing the necessary electrical appliances in the. WD 10,13 &15…